Land for sale in Altea, Alicante, Spain

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Ref: M269521

Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )

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A plot with potential. The initial view of the plot is it has uneven levels.But the price, orientation and the views are very impressive when you enter to the end of the plot.This has a very good possibility to make a single dream house. Recommended.The plot is sold by a company and incurs a 21% VAT charge when buying.Included in the advert is possible design ideas, that could work on the plot and its orientation.

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Property Features

0 bedrooms
0 bathrooms
883m² Plot size
X

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

15,000€

Final Payment of 90% on completion

162,000€

Property Purchase Expenses

Property price

180,000€

Transfer tax 8%

14,400€

Notary fees (approx)

600€

Land registry fees (approx)

600€

Legal fees (approx)

1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:

180,000€

Deposit:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.